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Millennium · 1 week ago

Quantitative Researcher, Systematic Macro

New York, NY

Full-time

Onsite

Entry, Mid Level

$150K/yr - $200K/yr

2+ years exp

Millennium is a top tier global hedge fund dedicated to leveraging market innovations in technology and data for high-quality returns. They are seeking a highly skilled Quantitative Researcher to contribute to alpha research, signal development, and strategy implementation within a systematic investment team.

Asset ManagementFinanceFinancial ServicesHedge Funds

H1B Sponsor Likely

Responsibilities

Work closely with the Senior Portfolio Manager to develop systematic macro strategies, focusing on alpha research, including idea generation, data preprocessing, statistical analysis, backtesting and implementation

Contribute to and enhance the internal research platform, including data pipelines, statistical learning tools, alpha analytics, and backtesting frameworks

Independently explore and develop new alpha ideas while collaborating in a transparent and team oriented environment

Qualification

PythonQuantitative researchStatistical analysisData analytics librariesMachine learningIntellectual curiosityProblem-solvingCreativity

Required

Strong research and programming skills, with proficiency in Python

Solid experience with data analytics libraries (e.g., Pandas, SciPy, NumPy, Polars); extensive library-building experience is a plus

Masters or PhD degree in a quantitative subject such as Applied Mathematics, Statistics, Physics, Engineering, Financial Engineering, Computer Science or related field from a top ranked university. Strong candidates with Bachelor's degree will also be considered

Exceptional problem-solving abilities, intellectual curiosity (especially in alpha research), and a proactive research mindset

Creativity and out of the box thinking, combined with rigorous quantitative analysis

2+ years of experience in quantitative research with a focus on systematic macro strategies

Preferred

Preferred experience in hedge fund alpha research in commodities, FX, equity and bond futures

Experience in macro intraday strategies is a strong plus

Experience in trading cost analysis is a plus

Experience in machine learning is a plus

Benefits

Discretionary performance bonus

Comprehensive benefits package

Company

Millennium

Glassdoor3.7

Millennium is a global, diversified alternative investment firm, founded in 1989, which manages $83.5 billion in assets.

Founded in 1989

New York, New York, USA

5001-10000 employees

https://www.mlp.com

H1B Sponsorship

Millennium has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (264)

2024 (146)

2023 (156)

2022 (146)

2021 (73)

2020 (86)